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Follow on Google News | SIMM Capital Announces Acquisition and Rebranding of Crosby Park Apartments in Lawton, OKBy: SIMM Capital Bison Ridge Apartments is strategically located near local shopping, dining, and major employers, including Fort Sill. The community currently offers amenities such as a swimming pool, fitness center, and clubhouse, but SIMM Capital sees significant potential for further improvement. The firm has developed a robust business plan that focuses on value creation through strategic renovations and amenity upgrades. "We are thrilled to bring Bison Ridge Apartments into our portfolio and execute our value-add business plan," said Mathew Simmons, CEO of SIMM Capital. "Our goal is to enhance the living experience for residents by renovating the remaining units, adding new amenities such as dog parks, and improving overall property management. Through these efforts, we aim to stabilize the property at 90%+ occupancy and provide high-quality, affordable housing in the Lawton market." Key components of the value-add strategy include:
This acquisition is part of SIMM Capital's broader strategy to invest in Class B multifamily properties in emerging markets, where strategic renovations and operational improvements can unlock significant value. About SIMM Capital SIMM Capital is a private real estate investment firm specializing in the acquisition, development, and management of multifamily properties across the United States. The company focuses on value-add opportunities, revitalizing communities, and delivering long-term value for investors and residents alike. For more information, please contact: Mathew Simmons CEO SIMM Capital Phone: 412-314-2001 Email: mat@simmcapital.com Website: https://www.simmcapital.com End
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